Multiemployer plan

I was so glad to be able to accompany Karen Friedman, PRC’s EVP to a media event on Capitol Hill in support of the Butch Lewis Act of 2017. I started as an intern with PRC just 4 months ago and I’m so excited to be able to be part of a process that could lead to comprehensive legislation being passed to help a million or more retirees have their pension protected.

Write to your members of Congress and tell them to support S. 2147, the Butch Lewis Act of 2017 introduced by Senator Sherrod Brown (D-OH), and H.R. 4444, the Rehabilitation for Multiemployer Pensions Act introduced by Representative Richard Neal (D-MA).

Kenneth Stribling retired from the trucking industry after more than 30 years of service. In the years since, however, the 65-year-old Teamster has been working overtime to fight for the retirement he was promised.

The Western Pennsylvania Teamsters fund — which has about 48 cents for every $1 in benefits it owes to retirees and workers — notified participants in April that it is considering cutting benefits in order to insure that the fund doesn’t become insolvent.

PensionHelp America connects people who need help with their pension, 401(k), and other retirement plans with the pension counseling projects, legal services providers, and government agencies that can help answer their questions. Visit www.pensionhelp.org.